Weekend Edition - September 30, To October 4, 2013 - ForeclosureGate Gazette

WEEKEND EDITION, SEPTEMBER 30 OCTOBER 4, 2013
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MONDAY, SEPTEMBER 30, 2013

ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners
Banks Terrified of Eminent Domain in Richmond California When litigation commences, the Banks will challenge the right of eminent domain, on which they will most likely lose, and then the Banks will be required to prove their loss, something they cannot do because there is no loss. ..The eminent domain action starts with the premise of a valid note and mortgage. Litigation will expose the.
Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>

Illinois suit: Firm broke into occupied homes in foreclosure, removed belongings The state of Illinois is suing the nation's largest privately held firm that maintains foreclosed homes, alleging it illegally broke into the occupied homes of people. Subprime lending execs back in business five years after crash The Center for Public Integrity in 2009 identified the top 25 lenders by subprime loan production from 2005 through 2007. Today, senior executives from all 25 of those companies.
9 Investigates: Fast track foreclosures could have high costs Facing one of the largest backlogs of foreclosures in the state, central Florida's Ninth Circuit Court has cleared 41 percent of its backlog since June 2012. However, new numbers obtained by Eyewitness News show the court entered May 2013 with 28,000 cases still....
Crowdfunding: Foreclosures?
New
Way
to
Fight
If the bank or government cant save a person from foreclosure, can a crowd? Crowdfunding sites are on the rise as desperate home owners turn to trying to raise money from friends, family, and strangers to try to stay current with their mortgage payments.
RealtyTrac, Real Trends join forces to offer housing stats Foreclosure data aggregator RealtyTrac and communications and consulting company Real Trends are teaming up to offer housing.
American Homes 4 Rent Tests Housing REIT Market With IPO The company, with almost 18,000 properties, is the second-largest in the U.S. homes-for-rent market, after Blackstone (BX) Group LP.
Last Chance For Justice The cause lay with misbehavior of the banks again. This time the destruction was so wide and so deep that all conditions necessary for the collapse of our society and our government were present. Policy makers, law enforcement and regulators decided that it was better to maintain the illusion of business as usual in a last ditch effort to maintain the fabric of our society even if it meant that guilty people would go free and even be rewarded.
Homeowner/Foreclosure Legal Q&A:

How long does the Foreclosure Auction process take?>>>> PLEASE HELP! I just lost my home to foreclosure and need to know if I'm going to be forced out>>>> Question on post-foreclosure evictions>>>> What to do if I find potential robo-signing in my foreclosure complaint?>>>> If My House Doesn't Sale And Goes Back To Bank Does My Name Remains In The Title?>>>>
More Foreclosure News:

LinkZ: More July 2013 Foreclosure Related News, Worth A Peek>>>> Colorado foreclosure firm on hot seat>>>> Be Our Guest: The fight to protect vulnerable homeowners from predatory lenders is not over>>>> Banks in Mass. accused of violating foreclosure rules>>>> Colorado Foreclosure Lawyers Made $5 Million Overbilling Homeowners, Lawsuit Says>>>>
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TUESDAY, OCTOBER 1, 2013

This is a complete list of Wall Street CEOs prosecuted for their role in the financial crisis So, yeah. Zero Wall Street CEOs are in jail. But we did promise you a list: 1. No one. 2. LOL. 3. Wall Street's lawyers are amazing. 4. Etc. Etc. It's not that federal government tried to prosecute a bunch of them but lost the cases. There were no serious efforts at criminal prosecutions at all.Which isn't to say nobody is in jail.

Banks Warned Not to Flout $25 Billion Foreclosure Deal When the largest U.S. banks agreed to pay $25 billion last year to settle claims of abusive foreclosure practices, they promised to stop seizing homes from borrowers Seattle homeowners facing foreclosure lash out at Council In Seattle, nearly 30 percent of home mortgage totals mostly in the south end - are still underwater. A community group is calling for a reset of underwater mortgages to fair market rate.
Take my house, please! Major cities and some wealthy suburbs may have seen a recovery in the housing market, but between the coasts and in smaller towns nationwide, the flood of underwater homeowners continues.
Homeowners Rights Fair Brings Together Attorneys and Grassroots Housing Organizations Families who face the threat of losing their home through illegal and unethical practices have a new watch-dog alliance on their side
BofA Put Toxic Debt in Bond as Staff Resisted, U.S. Says Bank of America Corp.s traders fought off efforts by the firm in 2007 to include risky Alt-A mortgages in a securitization. That wasnt enough to spare investors from being cheated
Longmont Humane Society receives $54,000 in mortgage donations so far The Longmont Humane Society has received more than $54,000 in donations since announcing two weeks ago that the nonprofit needs to raise more than $772,000 by Nov. 30.
Goldman Sachs says housing has hit a pothole Housing has hit a pothole, according to a recent Goldman Sachs research note that cited a recent drop in newhome sales, as well as falling home-construction and mortgage applications. While residential investment will continue to add to economic growth, its contribution to gross domestic product is likely to narrow this quarter, with rising rates .


LinkZ: More July 2013 Foreclosure Related News, Worth A Peek>>>> Colorado foreclosure firm on hot seat>>>> Be Our Guest: The fight to protect vulnerable homeowners from predatory lenders is not over>>>> Banks in Mass. accused of violating foreclosure rules>>>> Colorado Foreclosure Lawyers Made $5 Million Overbilling Homeowners, Lawsuit Says>>>>
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WEDNESDAY, OCTOBER 2, 2013

Invasive Tactic in Foreclosures Draws Scrutiny Barry Tatum returned to his home in Chicago in December to find that his front and back doors had been torn from their hinges, leaving his possessions exposed to the frigid winds that whipped through his neighborhood. Terrified that he had been robbed, Mr. Tatum, who had fallen behind on his Bank of America mortgage, raced inside only to discover an unlikely source of the break-in.

Wall Street has so far crushed a drastic foreclosure fix. One California town could change that Whenever they hear about a new city considering MRP's proposal, the Securities Industry and Financial Markets Association sends out a thick packet. Republican Sheila Bair says GOP should back Janet Yellen for Fed Although Sheila Bair, the former chairwoman of the Federal Deposit Insurance Corp., is a Republican, she has been one of the most outspoken supporters of Democrat Janet L. Yellen to be the next Federal Reserve chief.
Hank Paulson: Why Fannie and Freddie remain a big threat To commemorate the five-year anniversary of the financial crisis, former Treasury Secretary Hank Paulson has written a new prologue to.
Home Prices in 20 U.S. Cities Increased at Slower Pace Residential real-estate prices increased in June at a slower pace, a sign the rate of improvement in the housing market is cooling.
Banks Stole Houses Through Foreclosures, Lawsuit Reveals
Illegal
Southern California home market cools; prices remain flat The red-hot Southern California housing market finally got a dose of cold water. The region's median home price in July remained flat from a month earlier.
In a cover story last year, we told you about how a few Florida women were the ones who discovered how banks were screwing people out of billions of dollars through foreclosures of.
Foreclosure sales jump in Bay Area Bay Area foreclosure sales jumped in July following a pullback by lenders in the prior two months. Properties taken back by lenders or sold to third parties were up 32 percent from June in the counties of Contra Costa, Alameda, San Mateo and Santa Clara, the Truckee-based PropertyRadar reported.


Oregon reboots foreclosure mediation program>>>> Foreclosures still felt on Brighton's Mockingbird Lane>>>> Dog days in Palm Beach County foreclosure court>>>> Four Sentenced To Prison For California-Based Mortgage Modification Scheme>>>> Did We Waste a Recession?>>>>
Page 3 of 5
THURSDAY, OCTOBER 3, 2013

SEC chief says enforcement will target individuals' misconduct first "When people fear for their own reputations, careers or pocketbooks, they tend to stay in line." The SEC has faced criticism from lawmakers, investors and others for its failure to punish high-ranking executives for misdeeds that led to the 2008 financial crisis and for allowing companies to resolve cases without admitting blame.

2 Consultants to Banking Industry Come Under Scrutiny New York State has subpoenaed two consulting firms as part of a broader investigation into the industrys perceived coziness with Wall Street Richmond Moves Forward on Local Principal Reduction Plan Despite Wall Street Opposition Ive seen the housing crisis devastate Richmonds neighborhoods. Ive felt the heartache of families who were evicted from their homes.
Baltimore Foreclosures Surge Again as Legal Logjam Breaks Foreclosures are surging again in Baltimore, which became a symbol of the U.S. housing crash when the citys desolate blocks of abandoned row homes served as a backdrop for the HBO TV series The Wire.
Attorney General: The Foreclosure Mills Are Stealing From The Federal Government No one cares much that banks continue to lie to their own investors, telling them assets exist that are in fact non-existent. PONZI schemes take a while to be revealed. But I wonder if stealing from the federal government might get people.
One Million California Tenants and Counting Tenants Together is a nonprofit organization dedicated to defending and advancing the rights of California tenants to safe, decent and affordable housing. As Californias only statewide renters rights organization.
Local foreclosures creep higher amid U.S. slowdown Arkansas was one of 29 states to see an increase in foreclosure activity in July, as lenders continue to work through a backlog of properties held up by federal litigation filed two years ago.
Janet Yellen called the housing bust and has been mostly right on jobs When Janet Yellen jumped from academia to the Federal Reserve Board, she seemed like a new breed at the buttoned-up central bank eating lunch with staff in the cafeteria and debating ideas like she was back in the faculty lounge.


Page 4 of 5
FRIDAY, OCTOBER 4, 2013

Guess What? They're Still Stealing People's Houses Have dementia? We'll take your house and leave you on the street. Dying of cancer? We don't care; we're the people who bought up your lien. Alzheimer's? Not our problem. We don't have problems. We have eviction notices. In a coma? All the better to steal your home from you.

Judge rejects challenge to Richmond's threat to seize mortgages "It's Richmond two and Wall Street zero this week," said Amy Schur, campaign director for advocacy groups backing the principal-reduction plan. Homeowner's Bill of Rights Takes Effect Tuesday Nevada homeowners facing foreclosure will have a new set of protections come October 1. The Homeowner's Bill of Rights takes effect Tuesday.
Foreclosure Crisis Just Now Hitting Some States Many U.S. housing markets are recovering from the worst of the foreclosure crisis, but others are getting slammed.
Housing On a Cliff? But is there a downside to so much of the market being tilted by cash? Mortgage maven Mark Hanson, among the best of the housing gadflies, thinks there is -- and not in a small way.
Nonprofit delays home foreclosures through scheme A Sarasota nonprofit advertised as a government-sponsored foreclosure rescue is using its clients' homes for a sweeping real estate scheme
Legal troubles mount at JPMorgan There are also probes being conducted by the Federal Reserve, the Office of the Comptroller of the Currency, Congress and British authorities. And that is only the investigations.
Banks Are Falling Short in Planning for the Worst, Fed Says Despite the severity of the recent housing crisis, the Fed said some banks were not taking into account the possibility of falling house prices when valuing certain mortgage-related assets for the tests.


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Weekend Edition - September 30, To October 4, 2013 - ForeclosureGate Gazette

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WEEKEND EDITION, SEPTEMBER 30 OCTOBER 4, 2013

MONDAY, SEPTEMBER 30, 2013

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>

Homeowner/Foreclosure Legal Q&A:

More Foreclosure News:

WEEKEND EDITION, SEPTEMBER 30 OCTOBER 4, 2013

TUESDAY, OCTOBER 1, 2013

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>

Homeowner/Foreclosure Legal Q&A:

More Foreclosure News:

WEEKEND EDITION, SEPTEMBER 30 OCTOBER 4, 2013

WEDNESDAY, OCTOBER 2, 2013

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>

Banks Stole Houses Through Foreclosures, Lawsuit Reveals

Homeowner/Foreclosure Legal Q&A:

More Foreclosure News:

WEEKEND EDITION, SEPTEMBER 30 OCTOBER 4, 2013

THURSDAY, OCTOBER 3, 2013

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>

Homeowner/Foreclosure Legal Q&A:

More Foreclosure News:

WEEKEND EDITION, SEPTEMBER 30 OCTOBER 4, 2013

FRIDAY, OCTOBER 4, 2013

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>

Homeowner/Foreclosure Legal Q&A:

More Foreclosure News:

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